Israel’s life sciences firms said to raise record $1.5 billion in 2018

Israel is host to some 1,600 life sciences companies that employ more than 83,000 people, and the industry attracted a record $1.5 billion in 2018, up 25 percent year on year, according to a report released by Israel Advanced Technology Industries (IATI), the umbrella organization of the high-tech and life sciences industry in Israel, on Tuesday.